Boot Barn

Q1 FY2027 EarningsQ1 FY27 results significantly beat consensus across all key metrics: revenue of $593.5M vs. $583.7M expected, and diluted EPS of $2.29 vs. $1.70 expected. Gross margin reached 40.4%, surpassing expectations of 37.4% due to a $14.7M tariff refund and product margin expansion. While consolidated same-store sales grew 4.7%, management noted that July sales (preliminary 0.0% SSS) moderated due to tough comparisons and seasonal timing, though FY27 guidance was raised above market consensus.